There are two scenarios in play within a valid order block area for the lower time frame. There has been a previous rejection from this zone, and the technical bias may be shifting. If it breaks below, it could reach 2647 before returning to the buy zone, reject potentially indicating further downside.
Multiple rejections valid OB for target 4.32 risk reward
Im selling euraud,using 4hr time frame. visible rejections and order block confluence. If breaks structure invalid set up,stop loss and risk management in place. Swing trade solid Risk reward available
Simple supply demand setup,double top formation, liquidity sweep valid order block and volume for confirmation
Strong sell order block setup,previous rejections and returned back to supply zone
Order block to order block set up,good volumes to confirm. Dont normally trade btc,so hoping to validate strategy.Limit orders set
Set up from previous zones, supply and demand entry with order block volume confirmation. High-risk news is incoming, but the risk is managed. A 1:3 risk-reward ratio or full take-profit back at the supply for a 4.2 risk-reward ratio.
Simple supply demand setup,addition of order block volumes and strong rejections
Potentially two zones identified,simple supply demand,added confluence of OB and liquidity. Previous reject and sells 3.5RR
Here is my sell set up,order block set up an valid based on previous trades from this area
Prz zone identified,three previous rejections to the 2620 area. SL too wide need confirmations on zone.Valid orderblocks,trends and volumes add strength to setup
Todays set up,waiting for direction to either the sell zone or buyzone. Mid risk buy zone identified will personally hold to either sell zone or premium buys due to order block strength
Zones identified,nice simple setup. Support,resistance and OB for confirmations
Missed buy setup by 100 pips rocketed 2500,so we identified two sell zones.One mid risk and stronger set up
Taken out at BE on last trade due to bullish bias change, holding for a better entry between 2678 and 2683. Then target will be around 2660 area. 50 pip SL will be used with my risk management, gold has caught me out earlier should of secured 70 pips on earlier trade but held at went to break even, but capital protected on personal and funded accounts.
Following from back to back full 150 pip TP. Target same zones and order blocks, higher risk set up,1:5RR
Looking at sells based on previous rejection from this zone, valid order block and good volume in this area. Closed out last two trades at full take profit bac to bac trades, pushed up and invalidated previous sell zone so now have identified new zone. Tight stoploss if breaks this will push higher so need for wider SL, hoping to see immediate reaction on the...
Buying from this zone liquidity taken, valid order block and potential bias change.Targetting sells order block for tp